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The former president of the New York Stock Exchange leads the encryption exchange in submitting an IPO application, aiming for listing on the New York Stock Exchange.
According to reports, a certain crypto assets exchange has submitted an IPO application to the U.S. Securities and Exchange Commission (SEC), intending to list on the New York Stock Exchange under the stock code "BLSH".
The exchange is led by former NYSE president Tom Farley, with backing from several well-known institutions and individuals. The exchange acquired CoinDesk in 2023, and its IPO will become another crypto company entering the public market after Circle, a certain digital asset company, and a certain exchange platform. This application is also seen as an important move to promote the legalization of stablecoins and digital assets.